WWIBC Potter Slides 20150212

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Working With Industry Boot Camp Keeping Track of What’s in the Soup February 12, 2015 KICKOFF LUNCH & LEARN

Transcript of WWIBC Potter Slides 20150212

Page 1: WWIBC Potter Slides 20150212

Working With Industry Boot Camp

Keeping Track of What’s in the SoupFebruary 12, 2015

KICKOFF LUNCH & LEARN

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KEEPING TRACK OF WHAT’S IN THE SOUP

K-State 2025 Strategic Action Plan for Corporate Engagement *• Key Activity #9: Collect and track information on

all aspects of corporate engagement across the university by deploying a robust and secure Customer Relationship Management (CRM) system.

* See www.k-state.edu/corporate

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KEEPING TRACK OF WHAT’S IN THE SOUP

Traditional corporate relations • Philanthropy-based, relationship data tracked in

fundraising system (e.g. K-State Alumni Association’s ONE system)

Strategic corporate engagement• Multi-faceted, relationship data tracked in

Customer Relationship Management (CRM) System

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KEEPING TRACK OF WHAT’S IN THE SOUP

Corporate engagement CRM: track and analyze metrics to measure progress • Site visits: corporate to campus & vice versa• Research opportunities• Employment data• Continuing education data• Licensing & technology transfer• Individual executive and faculty engagement

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KEEPING TRACK OF WHAT’S IN THE SOUP

Why is this important to K-State?

How does it impact you and your interactions with industry?

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KEEPING TRACK OF WHAT’S IN THE SOUP

Eastman Kodak Company• 1975: Kodak develops 1st digital camera, drops product line

for fear it will threaten core business• 1976: Kodak has 90% share of USA photographic film

market• “Kodak executives cannot fathom a world without

traditional film.”• 1990: marks beginning of film sales decline, Kodak initiates

10-year transition to digital photography • 2012: Kodak files for Chapter 11 bankruptcy protection

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KEEPING TRACK OF WHAT’S IN THE SOUP

NOBODY WANTS TO BE THE NEXT “KODAK CASE STUDY”• Pace of disruptive technology is accelerating• Corporations want to partner with K-State;

they are reaching out to us• You may already have relationships with

these corporations

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KEEPING TRACK OF WHAT’S IN THE SOUP

Sharing information is essential to strategic corporate partnerships• Office of Corporate Engagement CRM System:

source of truth for strategic partnerships• Security levels dictate access to information• Focus limited K-State resources on greatest

potential for return on investment